Reinsurance broker Acrisure Re is expanding its corporate advisory and solutions division, known as ARCAS, into North America.
As part of the expansion, the firm has appointed Alex Orloff to be the managing director ARCAS North America. He will be based in New York and report to Ben Canagaretna, managing director of ARCAS.
In his new role, Orloff will lead the North American arm of ARCAS, working to build out and manage a team overseeing strategic and ratings advisory, capital raising, legacy transactions and asset management. He will also work closely with ARCAS colleagues in London as well as Acrisure Re colleagues on a variety of mandates and strategic initiatives.
Canagaretna said: “ARCAS has great momentum on all aspects of the service pillars we offer to clients and investors. This is only possible because of the first-class team we have built and the strong culture and identity we have developed. We are delighted to welcome Alex to this team to lead ARCAS North America further in this key marketplace.”
Orloff is a multi-lingual investment specialist in private and public markets with over 25 years of a broad spectrum of experience across the buy-side, the sell-side, investment banking and rating agencies. He joins ARCAS from BMS, where he was director of capital markets analytics for three years.
Prior to this, he founded the research company, Sybella Research, which provided investment research services to private issuers and investors in the US insurance industry. Before that, Orloff held senior positions at Twelve Capital, Credit Suisse, and Lazard Asset Management.
Orloff said: “I am thrilled to lead the expansion of ARCAS into the North American market and for the opportunity to shape the team for what will be a wide-ranging global financial services remit with a focus on providing clients with holistic capital management and strategic solutions. I look forward to building on the success Ben and the team have achieved in the UK, continuing to expand ARCAS’ geographic and product footprint.”
